EBay Teases 'Digital Wallet' in Investor Presentation as Crypto Rumors Swirl
CEO Jamie Iannone recently said eBay is studying crypto as a form of payment.
Mar 10, 2022 at 5:31 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IMGDQGMACJAGVLQLFYX425G3AY.png)
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Online marketplace eBay (EBAY) flashed a “digital wallet” slide early in its Investor Day presentation on Thursday, adding to chatter about what the company’s plans might be with respect to crypto.
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EBay has floated the idea of crypto payments for some time, most recently in late February when CEO Jamie Iannone told TheStreet the company is studying the potential for accepting cryptocurrency as it aims to be the go-to marketplace for Gen Z and millennials.
EBay already allows for the sale of non-fungible tokens (NFT) on its platform.
Other than saying its digital wallet will be ready for use in the second quarter, there was nothing specific from the company regarding crypto payments during the presentation.
CEO Iannone did say eBay is “continuing to look at new forms of payment to add now that we’ve got the rollout of global payments complete.”
UPDATE (March 10, 18:36 UTC): Adds Iannone comment.
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Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.